Investments in transformative technologies can be meaningless if they can’t protect the business, its customers or other vital assets, and the complexity and speed of development continues to challenge even the largest security operations.
Security leaders need to be prepared for the additional risks that digital transformation presents. According to Ponemon's Digital Transformation and Cyber Risk report, 82% of IT security and C-level respondents said they experienced at least one data breach because of digital transformation.
One cause for the added risk is an increased reliance on third parties, which 55% of respondents said were responsible for at least one of their breaches. Despite the reliance on third parties, 58% said they do not have a third-party cyber risk management program, and 56% of C-level executives said it was challenging to know whether third parties had policies and practices to guarantee the security of their information.
The primary cause of vulnerabilities introduced during digital transformation projects is misalignment between security and the C-suite, according to the Ponemon report. Only 16% of respondents said IT and lines of business were fully aligned.
